Which of the following is false regarding the issue of stock versus the issue of bonds to raise capital?

a. The payment of dividends is at the discretion of the board of directors.
b. The payment of interest on bonds payable is required by law.
c. Interest accrues, whereas dividends do not accrue.
d. The declaration of dividends reduces the amount of income taxes the corporation must pay.


d

Business

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In the Berardi v. Meadowbrook Mall Company case, the court found:

a. plaintiffs must produce subjective evidence of their duress to win a case of economic duress. b. duress is readily accepted by the courts as a reason to avoid a contract. c. economic duress must leave the plaintiff no reasonable alternative but to acquiesce to the terms of the contract. d. plaintiffs who prove economic duress may void the transaction, and this is their complete remedy.

Business

Hubs, also referred to as repeaters, are devices that pass signals that transmit through them to an adjoining section of the same logical network

Indicate whether the statement is true or false

Business

Which of the following is an example of interval data?

a. The weight of a newborn baby. b. The gender of a baby. c. Whether or not a baby weighs more than 10 pounds. d. Your order of preference of three baby names.

Business

A franchisor typically provides ________ through such things as brochures, signs, logos, advertisements, and sales techniques.

Fill in the blank(s) with the appropriate word(s).

Business